YEARLY HIGH
2901.7276 IRR
YEARLY LOW
2179.1454 IRR
YEARLY AVERAGE
2485.4485 IRR

2017 ZAR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2901.7276. Conversely, the yearly low was recorded on January 3, dropping to 2179.1454.

This high-to-low spread represents a total annual volatility of 722.5823 IRR. From a start-to-finish perspective, comparing the January average rate of 2335.4283 to the December average rate of 2698.2966, the exchange rate registered a net change of 15.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2901.7276 was up 28.09% compared to the 2016 peak of 2265.3901, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 145,086,382 IRR
2016 Average 102,854,193 IRR
Yearly Trough Low 108,957,269 IRR
Transaction Impact: A difference of 36,129,112.71 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2734.5834
2299.1415
JanuMarcMayJulySeptNove

ZAR to IRR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2448.0906, compared to 2522.8065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 74.7160 points.

H1 Avg (Jan–Jun) 2448.0906
H2 Avg (Jul–Dec) 2522.8065

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 374.8054 IRR (High: 2901.7276 / Low: 2526.9222). On the other end, June was the most stable month, with a tight range of 89.4445 IRR (High: 2568.8518 / Low: 2479.4073).

December Spread (Volatile) ±374.8054
June Spread (Stable) ±89.4445

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 94.0143 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -94.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2698.2966) against the same month in 2016 (average: 2169.4984), the exchange rate shifted by +528.7982 (+24.37%).

2017 Avg (December) 2698.2966
2016 Avg (December) 2169.4984

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2445.0333 2179.1454 2335.4283
February 2519.2778 2404.5932 2459.4444
March 2614.5452 2410.4582 2510.3681
April 2496.5705 2329.5344 2416.3538
May 2529.5338 2378.4099 2449.1878
June 2568.8518 2479.4073 2517.7610
July 2532.6512 2404.5778 2484.8958
August 2552.0172 2434.2256 2481.4889
September 2594.9080 2463.7650 2532.1733
October 2536.8759 2411.2160 2477.5748
November 2544.6643 2398.9764 2462.4097
December 2901.7276 2526.9222 2698.2966